Amazon snags yet another shed

LinkedIn +

Amazon’s appetite for space in the UK goes on unabated with reports that the internet giant has taken IM Properties’ Hinckley 532 warehouse in Leicestershire.

Logistics Manager has recorded leases and acquisitions totalling more than 12 million sq ft for 2020 alone, more than double the amount of space it acquired in 2018 which was a record year.

Its latest acquisition at the 82-acre Hinckley Park scheme totals 532,500 sq ft and was built speculatively, only reaching practical completion earlier this year.

The cross-dock unit has 18m eaves, with 70 dock and eight level access doors. It has two 55m yards and parking for 232 HGVs and 545 cars. Joint letting gannets are CBRE Avison Young and Wells Mcfarlane.

The company has secured 2.5 million sq ft at Follingsby Max in the North East, alongside a further 2 million sq ft at Gateway 45 in Leeds. It has been confirmed that it has secured 2.3 million sq ft at Tritax and Bericote’s Littlebrook scheme in Dartford, which the e-commerce giant was linked with back in February, and that it is behind a 2.3 million sq ft application for a mega shed in Swindon.

If that were not enough Amazon is understood to have taken developer Goodman’s Bedford 405 building at its 45-acre Bedford Commercial Park in Bedfordshire as well as Panattoni’s 500,000 sq ft mega shed in Nottingham.

The company has also leased or acquired nearly 500,000 sq ft across seven sites in the UK for use as delivery stations.

Amazon is also thought to have acquired the use of former Random House warehouse owned by Prologis in Rugby. The 376,000 sq ft warehouse at Rugby Central Park next to junction 1 of the M6, has been let 3PL XPO Logistics and will be run as an Amazon fulfilment centre.

According to the latest property research this means that Amazon alone has accounted for more than a third of warehouse space take-up across the UK this year.

Share this story: